Posted by Ring > 2016-05-11 13:20 | Report Abuse

Malaysia expects lower CPO yield in May and June
http://www.thestar.com.my/business/business-news/2016/05/11/malaysia-expects-lower-cpo-yield-in-may-and-june/

Posted by Ring > 2016-05-11 13:20 | Report Abuse

Low stock so CPO price heading to 2800-2900

Posted by Ring > 2016-05-11 13:48 | Report Abuse

Ringgit about 4 may not appreciate for now becoz of 1MDB issue not good for country but good for palm price to go up hence next month 2900....

Posted by power88 > 2016-05-11 16:06 | Report Abuse

Last Change Vol
FCPO/Jul 2016 2691.00 +30.00 17,798
FCPO/Sep 2016 2637.00 +26.00 8,017
FCPO/Aug 2016 2666.00 +30.00 6,150

Posted by ZHAO > 2016-05-12 10:16 | Report Abuse

Good morning..

Posted by Abdul Rahim > 2016-05-12 11:19 | Report Abuse

Same to u

Posted by power88 > 2016-05-12 11:34 | Report Abuse

1.35~1.36 zzzzz

Posted by AdCool > 2016-05-12 11:38 | Report Abuse

Re-rating only will start when plantation counters start to release their Q1 results. For now, just have to wait.

Posted by master_tan > 2016-05-12 14:48 | Report Abuse

Cpo price keep uptrend

Posted by power88 > 2016-05-12 16:39 | Report Abuse

For timber stocks, AmInvestment Bank observed that Ta Ann and Jaya Tiasa have fallen between six per cent and 10 per cent, respectively, over the past one month.

“While it has partly to do with declining log prices from a high of US$270 per cubmc metre last year, investors also feared an election result that could jeopardise their timber concessions,” it added.

Ta Ann closed unchanged at RM4.74 per share, while Jaya Tiasa closed three sen lower at RM1.35 per share.

“To note, all of their timber concessions have expired and are being extended annually, pending the state’s decision on longer term plan to grant the timber players a longer concession period of 60 years.

“Though the degree of decline of log prices is still not clear ahead of the companies’ result announcement this month, it could be over 20 per cent from last year’s high, with the prices now averaging about US$220 to US$225 per cubic metre.”

Ta Ann has said it had already anticipated log prices to moderate in the beginning of the year but expected it to trend higher in the following months. Jaya Tiasa’s log prices are lower as a portion of its logs is sold in the domestic market.

“We maintain our hold call on Ta Ann, with a fair value of RM5.28 per share. A 1-for-5 bonus issue is pending,” it added. “Jaya Tiasa is still a buy, with a fair value of RM2.18 per cent share, as we continue to expect its fresh fruit bunch yield to recover, which will have a significantly impact on its palm oil division.”



Read more: http://www.theborneopost.com/2016/05/10/election-boost-for-sarawakian-counters-as-analysts-predict-price-rebound/#ixzz48QejkZmv

Posted by power88 > 2016-05-12 16:39 | Report Abuse

Jtiasa target 2.18

Posted by Ring > 2016-05-12 17:33 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5091089

Posted by ZHAO > 2016-05-12 17:51 | Report Abuse

Good

Posted by Abdul Rahim > 2016-05-13 08:13 | Report Abuse

Good morning

Posted by ZHAO > 2016-05-13 08:40 | Report Abuse

Good morning

Posted by power88 > 2016-05-13 09:04 | Report Abuse

（吉隆坡12日訊）齋戒月將至令需求大增及馬幣疲軟，帶動大馬原棕油價格今日一度揚升至逾3年來最高水平。
大馬衍生產品交易所的原棕油基準7月貨合約今早一度升至2千674令吉，不過套利活動隨後湧現，令價格迅速回軟。截至5時，跌31令吉至每公噸2千647令吉。
回跌31令吉
MIDF投行分析員表示，原棕油需求上揚，可能令5月的原棕油庫存連續第六個月降低，並帶動原棕油期貨價格在6月杪升抵每公噸3千令吉的高峰，這也將是自2012年9月以來首度重返3千令吉大關。
由於乾旱氣候令大馬和印尼的原棕油減產，原棕油價格在3月上漲至2年高點。
從今年6月首週開始，穆斯林將進入齋戒月及在7月將喜慶開齋節。
馬幣貶值提昇需求
馬幣在上月貶值3.6%，也有助提昇大馬原棕油的需求。
Pelingdung Bestari公司董事巴拉馬林甘表示，馬幣疲弱提供了煉油商充足的賺幅，他們將可和大豆油及其它植物油競爭以攫取齋戒月的需求。
他指出，全球大豆油將減少，也協助帶動原棕油漲潮。根據美國農業局週二表示，大豆油庫存在2017年9月30日將減少8.1%至6千821萬公噸。
4月棕油出口跌13%
大馬原棕油出口在4月按月下跌13%，其中對印度和中國的出口分別重挫45%和33%，如今開始反彈。根據業界調查，5月首10日的出口升高32%，因印度進口量增加逾3倍。
聯昌研究預測，5月出口將成長10%，原棕油期貨價格將介於2千500至2千900令吉。
大馬棕油局日前公佈的數據顯示，截至4月杪，原棕油庫存下跌至180萬公噸的14個月最低水平。產出按月升6.7%但按年跌23%，為2012年以來最低產量的月份。（星洲日報／財經）


點看全文: http://biz.sinchew.com.my/node/136752#ixzz48Uev0jwx
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Posted by ZHAO > 2016-05-13 12:25 | Report Abuse

Power88 thank u for sharing....

Posted by AdCool > 2016-05-13 14:50 | Report Abuse

Dont let the fluctuation of CPO price to affect your mid to long term goal. We arent playing FOREX here.

Posted by ZHAO > 2016-05-13 15:24 | Report Abuse

We see future.....wakaka

Posted by davidkkw79 > 2016-05-13 16:12 | Report Abuse

cepat turun lar, I m waiting

Posted by ZHAO > 2016-05-13 16:32 | Report Abuse

Down and up can also...wakaka..if down i will collect again...so dont worry be happy.

Posted by Abdul Rahim > 2016-05-13 16:36 | Report Abuse

Yes...enjoy weekend

Posted by power88 > 2016-05-15 07:46 | Report Abuse

Jaya Tiasa on track to achieve 900,000 tonnes FFB for FY16
May 14, 2016, Saturday Jonathan Wong jonathanwong@theborneopost.com
Share this:
KUCHING: Jaya Tiasa Bhd (Jaya Tiasa) announced the production of 75,559 tonnes of fresh fruit bunches (FFB) for April 2016.

AmInvestment Bank Bhd’s research arm (AmInvestment Research) enthused that this is positive, as it means that it is on track to meeting the research house’s annual FFB assumption of 900,000 tonnes, with only two months’ harvest remaining for the fiscal year ending June 2016 (FY16).

“It now only requires circa 79,000 tonnes per month for May and June to achieve our FFB yield assumption of 14.7 tonnes per mature hectare (ha),” it noted.

While April FFB data was in line, its 3QFY16 was seasonally low with a harvest of over 160,000 tonnes. However, it was a vast improvement of 42 per cent from the previous year’s corresponding quarter.

Rising CPO prices in 3QFY16, averaging RM2,495 per tonne, would have mitigated low FFB production’s impact on earnings. Jaya Tiasa achieved an average CPO price of an estimated roughly RM1,986 per tonne in 1HFY16 vs. RM2,068 per tonne a year earlier.

AmInvestment Research added that Jaya Tiasa’s 3QFY is traditionally the low harvest season before production picks up and peak in the following 1QFY. Our CPO price assumptions are at RM2,250 per tonne and RM2,300 per tonne for FY16F and FY17F, respectively.

“While FFB production in on the rise, log harvest has slowed, with the 10-month to April period showing an 18 per cent decline to circa 630,000 cubic meter – representing only 75 per cent of our total volume assumption for the full year.

“We understand from industry sources that log export prices have remained relatively strong, at circa US$220 per cubic meter in 3QFY16. We expect Jaya Tiasa to cut domestic sales and push for more exports, which garner better prices.

“We expect Jaya Tiasa’s log prices to average US$210 per cubic meter, and plywood prices to fall by five per cent on year,” it added.

For 3QFY16, the research house expect the timber division to remain profitable, while the oil palm division would be impacted by the low FFB yield.

“We reiterate that Jaya Tiasa continues to an FFB recovery play.”



Read more: http://www.theborneopost.com/2016/05/14/jaya-tiasa-on-track-to-achieve-900000-tonnes-ffb-for-fy16/#ixzz48g2N7Q5Q

Posted by Abdul Rahim > 2016-05-15 09:57 | Report Abuse

Good

Posted by power88 > 2016-05-15 12:51 | Report Abuse

RM 2.00 soon

Posted by Abdul Rahim > 2016-05-16 07:36 | Report Abuse

Good morning

Posted by ZHAO > 2016-05-16 11:15 | Report Abuse

Morning

Posted by power88 > 2016-05-16 11:33 | Report Abuse

market bad mood

Posted by power88 > 2016-05-16 12:59 | Report Abuse

jtiasa stable

Posted by jqx535499 > 2016-05-16 13:24 | Report Abuse

Semua kauntwe bakal jatuh

Posted by power88 > 2016-05-16 22:20 | Report Abuse

Revenue came in at RM3.7 billion, which was 20.8% higher than its 2QFY15 revenue of RM3.07 billion, thanks to improved performance by its plantation processing operations, as a result of higher palm kernel selling prices and better sales volume from Europe and China for its manufacturing operations.

Posted by Abdul Rahim > 2016-05-17 14:28 | Report Abuse

Anything to do with jtiasa?

Posted by AdCool > 2016-05-17 17:10 | Report Abuse

i think it's just giving indication on plantation sector.

Posted by Abdul Rahim > 2016-05-17 19:17 | Report Abuse

Based on the report...plantation sector thumb up.. im right ?

Posted by jqx535499 > 2016-05-17 23:31 | Report Abuse

Umwog mula retrend 300 orang pekerja

Posted by power88 > 2016-05-18 00:10 | Report Abuse

yes

Posted by power88 > 2016-05-18 00:20 | Report Abuse

KUALA LUMPUR : Jaya Tiasa Holdings Bhd is benefiting from higher-than-expected plywood prices but log prices remain under pressure, says Affin Hwang Capital Research.
The research house said on Thursday since late last year, the escalating tropical log costs and depreciation of the rupiah against the US dollar has pushed India, a major buyer, to source for lower priced logs elsewhere.
“We cut our average log price assumptions for Jaya Tiasa by about 2-8% for FY16-18 to US$215-220 per cubic meter to reflect lower market prices. On the other hand, we raise our plywood-price assumption by 14-16% for FY16-18 to US$510-525 per cubic meter. We believe Jaya Tiasa's plywood prices did not decline in tandem mainly due to its diversified end markets for plywood,” it said.
The company's total log production for the first eight months of FY16 declined by 21.4% year-on-year to 506,557 cubic meters due to a labor shortage after the termination of its main contractor for logging activities since November 2014 and more stringent environmental safeguards, Affin Hwang said.
As it is below expectations, the research house is cutting the company's total log production forecast by 9-10% to 739,680-772,800 cubic meters.
“On the other hand, Jaya Tiasa's fresh fruit bunch (FFB) and crude palm oil (CPO) production are likely to keep rising as more oil palm estates mature. This, coupled with higher CPO averag selling price will likely help boost earnings from the plantation side,” it noted.
Affin Hwang is maintaining its "Hold" recommendation for Jaya Tiasa's stock with a target price of RM1.54.

Posted by ZHAO > 2016-05-18 07:48 | Report Abuse

Good morning

Posted by ZHAO > 2016-05-18 08:37 | Report Abuse

Just collect before regret..wakaka

Posted by power88 > 2016-05-18 09:11 | Report Abuse

（吉隆坡17日訊）政府調漲棕油出口稅，從4及5月的5%上調至6月的5.5%，分析員認為對下游業者有利，惟不會對上游業者帶來太大衝擊。
上游業衝擊不大
大馬棕油局今日透過網站公佈，原棕油出口稅將在6月提高到5.5%。這是原棕油去年5月至今年3月保持零稅率後，連續第三個月重新徵收出口稅。
棕油局表示，若原棕油超過2千250令吉將徵收出口稅，最低稅率為4.5%，最高則是8.5%，而6月參考價為每公噸2千625令吉18仙。
馬銀行研究分析員認為，政府調整出口稅是一件正常的事件。
“政府有一個列表，當原棕油價格達到某一水平時，則將會調整出口稅。”
他說，調漲出口稅使得下游業者成本減少，讓他們能夠從中獲益。每調漲0.5%的出口稅，下游業者則可以減少相同的成本幅度。
他說，對於上游業者而言，則會有小幅度的影響。
另一名分析員認同說，出口稅增加將使下游業者獲益。她說，下游業者在成本減少下，將更具競爭力。
她預測，出口稅在6月增至5.5%將推高5月的棕油出口，惟6月出口則將會放緩。
她說，主要還是部份業者會趁出口稅尚未增加時，提高出口量所致。
棕油價料續攀升
此外，鏵亞證券總經理王嘉儀看好棕油價格在短期內將繼續攀升。“在氣候影響棕油庫存減少下，將促使棕油價格上揚。”
王嘉儀認為調漲出口稅幅度不大，不會對棕油出口造成太大衝擊，主要影響棕油出口的還是輸入國的經濟。他以中國為例說，認為中國經濟好轉將更能帶動棕油出口。
王嘉儀也提到，棕油在外圍是以美元進行交易，因此，馬幣匯率下滑將對棕油出口有好處，不過，相信影響不大。
至於石油價格回穩，王嘉儀認為將會帶動原產品價格走揚，因此，棕油在石油價格上漲時將能獲益。
新稅率公佈後，大馬衍生產品交易所的原棕油期貨略為回揚，截至下午5時，指標8月貨上升17令吉，報2千604令吉。
交易商指出，雖然馬幣兌美元今日回升至4.0147令吉水平，但買家看好齋戒月需求，帶動原棕油穩步攀升。
《路透社》分析說，棕油價格預計將攀升至2千631令吉高位，以技術層面而言，根據費氏回退線和趨勢線來看，大馬8月棕油期貨價格預計在每公噸2千605至2千631令吉之間浮動。
“若突破2千631令吉，原棕油期貨則有可能上升至2千653令吉；相反的，萬一跌破2千605令吉，則將下挫至2千588令吉。”（星洲日報／財經‧報導：劉玉萍）


點看全文: http://biz.sinchew.com.my/node/137050#ixzz48xvAwGir
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Posted by AdCool > 2016-05-18 15:32 | Report Abuse

Ta Ann dropped a lot today. Similar industry with Jaya Tiasa....I wonder what is brewing behind.

Posted by ZHAO > 2016-05-18 15:37 | Report Abuse

Taan lesen problem?

Posted by ZHAO > 2016-05-18 15:47 | Report Abuse

Who sell jtiasa? Lol..hahaha

Posted by AdCool > 2016-05-18 15:57 | Report Abuse

ppl panic because of Ta Ann perhaps. Same industry and also from Sarawak.

Posted by ZHAO > 2016-05-18 16:06 | Report Abuse

Taan problem or cpo problem ? I think cpo no problem. Must taan got problem loh..

Posted by Abdul Rahim > 2016-05-18 19:12 | Report Abuse

Dont worry

Posted by jqx535499 > 2016-05-18 21:08 | Report Abuse

Apa pasal jatuh 2 sen hari ini. Adakah berita cukai dinaikkan 5.5% crudw palm oil memberi kesan pd jtiasa?

Posted by jqx535499 > 2016-05-18 21:11 | Report Abuse

Byk q to sell 1.32 why? Boleh dpt rm1.28 esok

Posted by power88 > 2016-05-19 08:53 | Report Abuse

ta ann kwsp sell

Posted by ZHAO > 2016-05-19 21:56 | Report Abuse

Jtiasa must good result than before.